Category: Small Business
SME Funding: The Power of “What Are You Trying to Achieve?”
The business landscape for SMEs is characterized by diverse needs, goals, and challenges, where success depends not merely on monetary resources but on aligned and strategic financial solutions.
Many commercial financiers often misinterpret SME needs by offering generic financial solutions, thereby missing the actual requirements of the business.
The High Cost of Waiting: Lessons from an Ill-Fated Plumbing Contractor
Business owners frequently shy away from non-traditional finance options, deterred by the perceived higher costs compared to traditional bank loans. While the rates may seem steeper at a glance, this narrow focus often blinds them to a far graver financial risk: the colossal opportunity cost of acting too late. As projects get stalled, credit lines dry up, and options vanish one by one, the financial bind tightens, often beyond repair. This is a poignant case study illustrating the devastating consequences of delayed financial intervention.
Read MorePyramid of Lies: The Collapse of Greensill Capital
Greensill Capital’s rise and fall is a story of complex finance, layered with personalities. Lex Greensill’s journey from a farming background to financial prominence is fascinating. His charisma and visionary image drew people in, blinding them to potential red flags.
Read MoreData Dilemma: Making sense of conflicting economic indicators
In the world of finance and economics, staying abreast of market trends and their impact on businesses is crucial. As the economic landscape continues to evolve, it is essential to understand the forces at play, including interest rates and their consequences for various sectors.
Read MoreFrom Olden Days to Modern Ways: Evolution of the Advisory Board
Advisory boards are being used more and more in the business sector, including startups, scale-ups, and corporate environments. But so much has changed over the years, what are the expectations and roles of advisory boards today?
Read MoreNavigating Challenges and Opportunities in the Ever-Changing Business Landscape
We explore the current challenges facing small businesses in Australia. Small businesses play a vital role in the economy, employing millions of Australians and contributing significantly to the country’s income tax and revenue. However, they are currently facing a perfect storm of difficulties, including rising costs, declining revenues, workforce shortages, cybersecurity concerns, and more.
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